UK Business Expenses: What Can You Claim and What HMRC Will Reject
A sole trader claiming £1,000 of expenses at the basic rate saves £200 in income tax. A higher-rate taxpayer saves…
Blogs
Stay Informed with expert insights, tips, and latest updates on tax, accounting and business compliance from the Sterling & Wells blog.
Statutory Sick Pay, Maternity Pay, and Paternity Pay: A UK Employer’s Complete Guide
Statutory Sick Pay (SSP) is the minimum amount an employer must pay to an eligible employee who is off work…
HMRC Investigations: What Triggers One and What to Do If You’re Selected
An HMRC investigation is not an accusation of fraud. Most inquiries arise from data matching, statistical analysis, or random selection,…
Salary Sacrifice Pension: How It Works and Why It Saves Tax
Salary sacrifice, also called salary exchange, is an arrangement where an employee agrees to give up part of their gross…
How To Apply for a UK Sponsor Licence? Step-by-Step Guide for Employers
Applying for a UK sponsor licence is a legal requirement for any employer wishing to hire workers from outside the…
Capital Gains Tax on Property UK: A Guide for Sellers
Capital Gains Tax is charged on the gain you make when you dispose of an asset that has increased in…